China’s Li: Will not resort to massive stimulus measures

Additional headlines hitting the wires from the Chinese PM Li’s speech delivered during the opening ceremony of "Summer Davos" Forum in Dalian.
Key Points:
China will keep macro-policies stable, implement proactive fiscal policy, prudent monetary policy
Will not resort to massive stimulus measures
China will push structural supply-side reforms, cut taxes, fees for firms
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















